"$1 share price is not realistic any time soon" ??
If I, as a shareholder, am reflecting on how well BOT's crown jewels are protected then perchance big pharma is already reflecting on BOT's
1. patents - it seems there is a small forest of them so could big pharma perhaps become "lost in the wood" - patent litigation is expensive even for a big company, and BOT has a CEO who seems to know his patent law.
2. claimed two and a half year lead-time with FDA trials over rivals - maybe only way catch up would be precise reverse engineering plus a patent war plus OTC strategy (with reduced profit).
3. synthetic CBD is sourced.
4. embedded clinical knowledge.
5. wide product pipeline.
Given one phase 2 success with "soon" defined as the time-point of the results, $1 share price soon seems quite possible to me, and anything less than 50 cents on a phase 2 success unlikely.
Obviously any company carrying out DD on BOT will want BOT to be discreet, but there have already been hints of possible such activity.
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Last
35.0¢ |
Change
-0.005(1.41%) |
Mkt cap ! $707.4M |
Open | High | Low | Value | Volume |
36.0¢ | 36.0¢ | 34.0¢ | $843.9K | 2.414M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 76260 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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35.0¢ | 149185 | 4 |
View Market Depth
No. | Vol. | Price($) |
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23 | 1189777 | 0.100 |
1 | 10111 | 0.099 |
1 | 50000 | 0.098 |
1 | 50000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 555657 | 10 |
0.115 | 560304 | 6 |
0.120 | 829451 | 14 |
0.125 | 1083838 | 12 |
0.130 | 498290 | 12 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
BOT (ASX) Chart |